GAINESVILLE, Fla. (WCJB) - The official state audit of the city of Gainesville is complete, and the five findings include lack of transparency and oversight, cost-effectiveness and a lack of transparency with other non-profits.
The state auditor expressed several concerns with Gainesville Regional Utilities, starting with the utility’s high level of debt.
The city’s inconsistent way of determining the annual general fund transfer was a concern, as well as the city overcharging Gainesville Regional Utilities for indirect costs.
The audit also describes other areas of city government that lack transparency and accountability.